Business/Financial
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Business/FinancialBAE’s U.S. Ship Repair Business Cutting More Than 800 Jobs In Atlantic Shipyards
Britain’s BAE Systems on Tuesday said it is laying off more than 800 employees at its two ship repair organizations on the East Coast of the United States due to […]
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Business/FinancialFireEye and Parsons Form Partner For Critical Infrastructure Cybersecurity
Parsons Corp. and FireEye [FEYE] announced the forming of a new strategic partnership on Monday aimed at providing cybersecurity protection for critical infrastructure and IT environments. “This collaboration will bring […]
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ArmySidelined In JLTV Struggle, AM General Quietly Collecting Millions In Humvee Contracts
While Lockheed Martin [LMT] and Oshkosh [OSK] trade punches in federal court over the right to build the next-generation Humvee, incumbent manufacturer AM General has rebounded from its loss in […]
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Business/FinancialSecurity Industry Concerned About TSA’s Plans For Third Party Testing, Open Architecture
The Transportation Security Administration’s (TSA) plan to roll out a third party testing regime this year to help make sure security equipment being offered by various vendors is mature enough […]
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Business/FinancialSpace Florida Focusing On Attracting Business Through Manufacturing
Space Florida is touting its manufacturing capacity to attract new business as federal budgets tighten and political diversity through “ship-and-shoot” falls out of fashion. Space Florida President and CEO Frank […]
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Business/FinancialOshkosh Defense Head Urias Retiring
Oshkosh Corp. [OSK] on Wednesday said that the head of its defense segment, John Urias, will retire next month to “attend matters regarding the health of his family.” Wilson Jones, […]
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Business/FinancialDeloitte Report Sees Return To Revenue Growth In Global A&D Sector In 2016
After a year of negative revenue growth in the global aerospace and defense (A&D) sector, the outlook for 2016 is positive due to expectations of strong revenue and earnings in […]
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Business/FinancialCSRA Adds To Executive Team
CSRA Inc. [CSRA] on Monday announced two new appointments to its leadership team, Leigh Palmer, who will head the firm’s Intelligence Group and Christian Marrone, head of government relations. Palmer, […]
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Business/FinancialNew Triumph Chief Crowley Plans Strategic Review Before Charting Path Forward
New Triumph Group [TGI] Chief Daniel Crowley will undertake a strategic review of the aerospace company to better target growth opportunities, including mergers and acquisitions, but his ultimate goal is […]
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Business/FinancialCobham Accepts $35 Million in EW Systems from Harris Corporation
Britain’s Cobham plc recently accepted a set of orders from Harris Corporation for Radio Frequency (RF) Microelectronics worth $35 million, Cobham said Monday. The RF systems support the electronic warfare […]